Gold Rate Today 28 August: Know today's gold and silver prices here

Gold Rate Today 28 August: The prices of gold and silver are experiencing fluctuations during the festive period. Following a decline in gold prices yesterday, there has been an increase today. On August 28, the price of gold has changed. Currently, 24-carat gold is priced at ₹1,02,600 for ten grams. As for silver, it is priced at ₹1,19,900 per kilogram.

Gold Rate Today 28 August: Gold price in major cities

Today, the price of gold has experienced a minor drop in major cities. Let's find out the current gold prices in key cities, including Delhi:

City 24 Carat Gold Rate (₹/10 gm) 22 Carat Gold Rate (₹/10 gm)

Delhi ₹1,02,600 ₹94,060

Ayodhya ₹ 1,02,600 ₹94,060

Chandigarh ₹ 1,02,600 ₹94,060

Hyderabad ₹1,02,450 ₹93,910

Jaipur ₹ 1,02,600 ₹94,060

Bengaluru ₹1,02,450 ₹93,910

Mumbai ₹1,02,450 ₹93,910

Patna ₹1,02,250 ₹93,960

Kolkata ₹1,02,450 ₹93,910

Lucknow ₹ 1,02,600 ₹94,060

Silver Rate Today 28 August: Know the rate of silver in major cities

City Silver Price (₹/Kilogram)

Delhi ₹1,19,900

Ayodhya ₹1,19,900

Chandigarh ₹1,19,900

Hyderabad ₹1,19,900

Jaipur ₹1,19,900

Bengaluru ₹1,19,900

Kolkata ₹1,19,900

Gold Silver Rate: How and why do gold prices change in India?

The trading of gold by central banks globally significantly influences this. Currently, not all central banks maintain complete reserves. This situation causes swift changes in gold prices. In essence, central banks account for a substantial portion of the demand for gold. When demand surpasses expectations, central banks quickly raise gold prices. This occurs frequently, leading to a significant rise in gold prices.